Ciba to Invest in New Pigments and Additives Plant in China
Ciba signed an agreement with local authorities in Qingdao, China, to invest in a new plant that will significantly expand its production network in Asia.
BASEL, Switzerland - Ciba Specialty Chemicals continues its expansion in China with a major investment in a new production plant in Qingdao, China. The plant will manufacture high-performance pigments and additives and will serve as a regional base for Ciba’s coating effects business. Production will start in early 2008.
The new site, located in the Qingdao International Airport Industry Park, will be built in a Greenfield approach with infrastructure and equipment that meet Ciba Specialty Chemicals’ high global standards of quality and environment, health and safety. It offers space for considerable expansion, allowing flexible adaptation to business needs. The investment complements both Ciba Specialty Chemicals’ research and development activities in Shanghai and pigment production at its existing plant in Qingdao.
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